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Remakes simply make more sense in this day and age. In the past it didn't make sense to spend heavier resources on a remake because you could just make a new franchise installment in 3-5 years.

Today though things have changed, it can take 6-10+ years for a new installment of a bigger IP franchise. And Zelda used to be a franchise that sold somewhere in the 4-8.5 million range generally.

On the Switch the series exploded to being a 20-30+ million seller. That's a massive uplift in series popularity, you just can't keep a superstar player on your bench for the first 3/4 quarters of a game. They need to be in the game.